1” 4K CMOS sensor with a 20x lens with 3-ring control (iris, focus, zoom), a high-resolution viewfinder, and a claimed 12 stops of dynamic range. Using the same codec that is found in the GY-HC900 shoulder-mount camera, the GY-HC500/ HC550 can record to SSD media in a wide variety of formats, including 10-bit ProRes 422 at 4K resolution and 50/60p frame rates. A number of other codecs and recording formats are also available, including H.264 and MPEG-2. Both cameras offer support for BT709, BT2020 and BT2100 HLG color spaces.

The GY-HC500 canera can conrolled over IP and can live stream at up to 1080p50/60 at 20Mb/s, which makes for a fairly high-quality stream over IP.